GU at a supply zone, if the trendline is broken i am expecting a rise to level 1.26850 or the high 1.26670
2023.6.30 Daily European Perspective USDX broke up again ! USD continues to strengthen, with non US currencies and precious metals stepping back on key support, and USoil bulls feeling weak! Hello, I'm Older Duan. Today is Friday, June 30 2023. Now it's 16pm Beijing time. Let me give you a quick comment on the technical forms of the current international...
2023.6.29 Daily European Perspective Gold is clearly accelerating its decline and is about to test the integer level of $1900! Hello, I'm Older Duan. Today is Thursday, June 29 2023. Now it's 16pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of...
Price reacted to 1.09500 significant zone that previously acted as a (H4) support. We can see lower highs, lower lows formation here and I expect to see bearish move.
GER30 formed a possible Bullish Setup. Wait for the Structure shift on lower Timeframe and then we can enter.
UERUSD created possible Bearish Setup. Wait for the Structure change on lower timeframe.
AUDUSD formed a possible Bearish structure. Wait for the lower Timeframe confirmation as Structure shift. and then we can enter.
Price is still trending up. We can see strong bullish trend and many bullish wick rejections that indicated bullish pressure. Price reached 0.68800 zone and I will wait for a reaction.
Price consolidated for a while between our significant zones. Recently, price broke 140.300 zone and retested it. It also formed new high 141.500. I advise you to wait for a reaction.
Today's focus: GBPUSD Pattern – HH HL continuation Possible targets – 1.2683, 1.2980 Support – 1.2305, 1.2493 Resistance – 1.2640, 1.2660 Today’s focus is on the GBPUSD after buyers made another strong move higher on Wednesday. That move continues the series of HLs and HHs this is a good thing to see in the current short-term uptrend. As discussed in today’s...
Today's focus: JPY AUDJPY GBPJPY Pattern – Fade Resistance holds Possible targets – AUDJPY 92.50/92.30 GBPJPY 173.39/172.95 Support – AUDJPY 92.30 GBPJPY 173.15 Resistance – AUDJPY 93.30 GBPJPY 174.20 Today’s update focuses on JPY strength, that we have seen picking up since yesterday’s US session. We have looked at the AUDJPY and GBPJPY in detail. Are we seeing...
Today's focus: USD Index Pattern – Continuation Possible targets – 105.60 Support – 103.40 Resistance – 104.20 Today’s update is on the USD index. Do we have a new uptrend? For us, we want to see resistance beaten. If we can see a break, this could set up a new move to 105.60 and a break of that level take price out of its consolidation range and gets an uptrend...
EURGBP is consolidating under the 1D MA200 for the 11th consecutive day which keeps the 1D time-frame near neutrality, despite the marginally red technical indicators (RSI = 43.260, MACD = -0.003, ADX = 36.781). This is a standard bottom formation and since the 1D RSI is rising after hitting the Channel's bottom, the signal gets stronger. The standard rally...
So i entered a long position yesterday after verifying last new lows
OANDA:USDJPY This one was easy after the fiasco on the EURUSD Long scalp for 10 pips
Hello traders, I'm sharing my game plan, swing trade setup of EURUSD , there's a bearish divergence on this chart and EURUSD tested it's strong resistance level but didn’t break it and also momentum is weak. If you want to take entry, take it between 0.5 -0.61, mentioned in charts because it's our golden zone. Trade Safely.
USDCAD is stuck in between the 1D MA200 and 1D MA50, inside a Triangle pattern. The 1D timeframe is naturally neutral technically (RSI = 51.593, MACD = -0.003, ADX = 11.724) since the price is in the middle of the pattern and that recent rebound on the bottom of the Triangle is the last buy opportunity before it hits the top (LH trendline) again. We are long...
Today's focus USDJPY Pattern – Resistance test. Possible targets – 138.50 (Upside) 136.30 (Downside) Support – Resistance – 137.75 Here we are again back at the 137.75 area that has stopped USDJPY rallies since it developed around December 2022. This is the fifth rally from buyers that has tested this area. Will we finally see a break of this level this time...